Refinance Assets: Make the things you own pay for the things you need

Release the value in your business - use funds you have already invested to work for you a second time

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Current Terms Available

Cost effective

  • Cost effective way to raise funds
  • Competitive rates from 6%
  • Simple secure lending
  • Repay over up to 60 months

Flexible

  • Most business assets suitable
  • Adverse Credit – no problem
  • No interruption to your use of the asset
  • Funding available quickly

Supports growth

  • Funds for any legal purpose
  • Reinvest for growth
  • Deal with major costs
  • Individual service

Talk to Rangewell – the business finance experts

Your business may already have the funds you need now - tied up in assets. We can find lenders to provide asset refinance solutions that will let you use those funds again

Your business has money tied up in assets, from vehicles and plant to your premises.

But to grow your business, you probably need more investment, to buy more equipment, new vehicles or new premises.

There is a way to get the money you have already invested to work for you a second time.

Asset Refinance – makes your money work harder

Asset Refinance lets you use the investment you have already made in your assets to raise the money to take your business to the next stage, while still having full use of all the assets you use now.

So, when you need to fund new equipment, unlock working capital to buy stock or simply want a cash injection to ease cash flow, asset Refinance can be the cost-effective answer to raise the funds you need.

How it works

Providing security – a physical asset, which has a real value – as security for a loan reduces the risk for the lender, so it means the rates of interest you pay can be lower. The lender will have the right to take the asset but they will only do so if you don’t keep up repayments.

With Asset Refinance you use the value of assets you already own as security for business lending. The assets can be your premises, vehicles, machines – virtually any item of value that your business owns.

The finance company will buy the asset from you for an agreed cost based on its value, providing you with the cash sum you need.

They will then let you buy the asset back from them, with a new finance arrangement.

Your carry on using the asset without interruption, and at the end of the agreement, it becomes your property again.

Why you need Rangewell to set up Asset Refinance

Asset Refinance is a routine business arrangement, but it does require some expert help. Assets from a van to an entire factory can be used, but making the necessary arrangements, which include providing a valuation of the assets needs specialist knowledge. Few finance providers have the necessary knowledge to make fair assessments in every business sector.

At Rangewell, we know lenders who work in virtually every business sector including specialist and niche areas such as medical or veterinary equipment – ensuring that whatever your line of work you can have asset finance and affordable terms.  We can work with you to find the most appropriate lender.

Our Asset Refinance experts can help you through issues such as valuation, unique asset identifiers and depreciation, ensuring you get a deal that works with your needs.

You may even be able to use asset refinance regardless of whether you already own the asset outright or are using it under an existing finance deal

Making payments easier

If you are having difficulty making payments on an existing Asset Finance arrangement, or simply want to redirect cash elsewhere in your business, you can refinance it. A lender will pay off what you owe under your original agreement and set up a new finance arrangement.

This can mean reduced repayments, spread out over a longer term, or provide you with a cash lump sum as well as a new finance agreement for your asset.

REAL EXAMPLES OF WHAT WE CAN DO

  • Refinanced a small fleet of coaches – allowing the owners to add new vehicles

  • Sourced refinance agreements for machinery without serial numbers

  • Set up HP on a truck  to raise funds for a company in a Creditors Voluntary Agreement

  • Arranged refinance across assets in an entire business including machine tools and vehicles to fund the purchase of a small competitor

  • Refinanced assets that will be over 12 years old at the end of the finance period

Find out more

Asset refinance is flexible, and can answer a wide range of funding needs. To understand exactly what it can do for you, you need to talk to a Rangewell expert to hear more about the possibilities.

Call us now.

What business owners say abut asset refinance...

We refinanced our warehouse - and bought out a competitor.
We needed cash to take on a new team, and set them up. We refinanced our fleet to provide the funds - it was a very rewarding decision.
My hotel is small, and cashflow can be slow. I refinanced my kitchen to help us through the winter months - it meant I could refurbish the letting rooms too.

Helping you build your profits

Avoid the need for additional investment

Avoid the need for additional investment whilst getting access to the additional tools, equipment, vehicles and machinery your business needs.

The funds you need, fast

Refinance is secured on your existing assets, so it can be arranged fast, allowing you to take advantage of opportunities as they arise.

Get cash buyer advantages

Give your business a cash injection or buy other assets that may not be suitable for hire purchase or leasing agreements – and get cash buyer negotiating power.

Scaled for your business

Refinance can be based on assets costing hundreds of pounds or millions. Whatever the scale of your business there is a probably an asset finance solution to fit it.

What is suitable for asset refinance?

Refinance can be arranged on premises, vehicles, plant and machinery, hotel, restaurant and office equipment, medical, dental and veterinary equipment – and many other assets.

Takeover funding

Refinance can be provided to take over a finance agreement you have with another provider and extend the term – spreading the cost further and reducing monthly outgoings.

Case Studies

Download Rangewell’s free and detailed guide to Refinancing your Existing Assets

Rangewell Ebook - Download Rangewell’s free and detailed guide to Refinancing your Existing Assets
  • What is asset refinance?

  • What are the types of asset finance?

  • What kind of assets can you use?

  • How to find the right provider - why not all lenders can help Are there downsides to asset finance?

  • How to arrange asset finance - the paperwork, valuations and agreement

  • Key terms explained

You may need a specialist lender

Not all providers serve all business sectors, and not all provide refinance arrangements. At Rangewell, we can help you find lenders who specialise in your sector, and who may be able to provide the solutions you need.

Asset refinance may restrict other funding options

You will be locked into an asset finance arrangement. If your business plans change, it could restrict the choices available to you

Your assets could be at risk

If you are unable to keep up repayments on a refinance loan, your key business assets could be at risk.

Our service is...

Impartial

Transparent and independent, treating all lenders equally, finding the best deals.

In-depth

Every type of finance for every type of business from the entire market - over 300 lenders.

In-person

Specialist Finance Experts support you every step of the way.

Free

We make no charge of any kind when we help you find the loan you need.

Frequently asked questions

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